New - Statement Frequencies

Statement Frequency determines how often the statements are generated (Monthly, Quarterly, Semi-Annual, Annual).

Accounting Period defines the exact Start dates and End dates for each frequency. It must be created before statements can be run for that period.

Example:

• For a Quarterly frequency, an accounting period could be January 1 – March 31.

• For an Annual frequency, an accounting period could be January 1 – December 31.

From the Menu, select Utilities & Administration, then select Statements.

Select Statement Frequencies, and a list of reporting periods will appear.

To create a new Accounting Period, first click on the desired reporting period. Enter a Start Date and End Date, then click on the plus sign. After the Accounting period is created, click on the Save button.